Hayward (HAYW) to Release Quarterly Earnings on Thursday

Hayward (NYSE:HAYW) is expected to announce its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $302.76 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Hayward Price Performance

Shares of NYSE HAYW opened at $14.30 on Tuesday. The company’s fifty day moving average is $14.88 and its two-hundred day moving average is $15.07. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.69 and a current ratio of 2.62. The firm has a market capitalization of $3.08 billion, a P/E ratio of 34.04, a PEG ratio of 1.87 and a beta of 1.16. Hayward has a one year low of $11.96 and a one year high of $16.87.

Insider Buying and Selling at Hayward

In other news, CEO Kevin Holleran sold 50,000 shares of the business’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $14.52, for a total value of $726,000.00. Following the completion of the transaction, the chief executive officer now directly owns 522,799 shares of the company’s stock, valued at $7,591,041.48. The trade was a 8.73 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 3.25% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on HAYW shares. Stifel Nicolaus upgraded shares of Hayward from a “hold” rating to a “buy” rating and set a $16.50 target price on the stock in a research report on Wednesday, February 5th. The Goldman Sachs Group upped their price target on Hayward from $14.00 to $16.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Robert W. Baird lifted their price objective on Hayward from $19.00 to $20.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Finally, KeyCorp reissued a “sector weight” rating on shares of Hayward in a report on Monday, January 6th.

Hayward Company Profile

Hayward Holdings, Inc designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally. The company offers pool equipment, including pumps, filters, robotics, suction and pressure cleaners, gas heaters and heat pumps, water features and landscape lighting, water sanitizers, salt chlorine generators, safety equipment, and in-floor automated cleaning systems, as well as LED illumination solutions.